Budget Policy

  Best OSHC in Australia If you’re planning to study in Australia, choosing the best OSHC in Australia is one of the most important steps. OSHC (Overseas Student Health Cover) is mandatory for all international students applying for a Subclass 500 visa. Without it, your visa may not be approved. However, many students make a common mistake — they choose a plan without comparing options and end up paying more than necessary.  What is OSHC? OSHC is a health insurance policy designed for international students in Australia. It helps cover basic medical expenses such as: Doctor (GP) visits Hospital treatment Emergency ambulance Prescription medicines (limited) It ensures you meet visa requirements and stay protected during your studies. OSHC Cost in Australia The cost of OSHC depends on several factors like provider, duration, and policy type. Average Cost (2026): Single: $600 – $800 per year Couple: $3,000+ Family: Higher Prices are not fixed and may vary depending on your situa...

When it comes to securing the best health insurance in Australia, Budget Policy stands out as the ultimate choice. Whether you are a visitor, an international student, an elderly individual, or a tourist , Budget Policy ensures that you receive comprehensive coverage tailored to your needs. Health Insurance for Various Visa Holders Budget Policy offers a wide range of health insurance plans catering to multiple visa categories, including: Student Visa (500) Temporary Skill Shortage Visa (482) Skilled Recognised Graduate Visa (476) Working Holiday Visa (417) Training Visa (407) Short Stay Visa (400) ETA Visa (601) Business Innovation & Investment Visa (188) Sponsored Parent Temporary Visa (870) Visitor Visa (600) Temporary Graduate Visa (485) Work and Holiday Visa (462) Temporary Activity Visa (408) Temporary Work (International Relations) (403) eVisitor Visa (651) Student Guardian Visa (590) Parent's Health Insurance (600) Aged Parent Visa (804) Top Providers Under Budget Poli...

  Having an adequate health insurance is a prerequisite for many Australian visas, one of which is the common and most applied - student visa ( subclass 500 ) and visitor visa ( subclass 600 ). You must be aware of the various health cover plans, inclusions, exclusions, waiting periods, and much more to ensure buying the right coverage for your stay in the country. Overseas Student Health Cover (OSHC) is for international students moved to Australia to pursue higher studies. On the other hand, Overseas Visitor Health Cover (OVHC) is for intentional workers, travellers, and Temporary Graduate visas ( subclass 485 ) holders. The healthcare benefits of these two plans are similar yet different so, you must know the right cover to buy for your visa type. In the following blog, we will compare OSHC and OVHC to help you find a suitable health coverage. Purpose of OSHC The primary goal of OSHC is to support international students in Australia financially when it comes to healthc...

Australia is one of the most beautiful and livable countries with plenty of employment opportunities, world-class education, a travel destination, rich culture, and much more. The person can explore the country while studying, working, visiting, and living.   If the person is planning to visit Australia on a visitor visa, keep in mind that they must buy Overseas Visitor Health Cover (OVHC) policy before starting their visa application process. Nevertheless, many people do not know why OVHC policy is required to get an Australian visitor visa. Well! It is declared by the Australian Government that every international visitor migrating to Australia on work, travel, business, or any visa other than a student visa is required to purchase the OVHC policy. Note:  If someone does not buy the OVHC policy, he/she will become ineligible to process their Australian visa applications.   What is OVHC Policy?   The Overseas Visitor Health Cover (OVHC) policy will pro...

The Overseas Student Health Cover (OSHC) health insurance policy helps international students with medical and hospital care costs during their stay in Australia. It pays for the student’s limited benefits for pharmaceuticals (medicines) and ambulance services. The Department of Immigration and Citizenship (DIC) requires that all individuals carrying a student visa must maintain OSHC in Australia for their stay. The Australian government does not cover overseas students’ health or medical expenses under the 'Medicare' public health insurance system. In addition, it will be very costly for an overseas student to cover the amount of hospital and other medical treatment on his or her own without OSHC. Before buying the health insurance policy, the overseas students contact many health insurance providers to select the most suitable one according to their visa type. Academic institutions provide health insurance policies to international students, but many academic institut...

As an international student, you must know that Overseas Student Health Cover (OSHC) policy is essential and covers all health-related expenses during your stay in Australia. Budget Policy is here to assist you in buying OSHC online yourself, and you can concern with one of our experts who can help you to buy the most suitable one.   OSHC policy is specifically designed for international students who are studying in Australia. The OSHC policy options may look familiar, but you can have different levels of coverage to include additional treatments (out-of-hospital services such as optical and dental), and the basic policy includes hospital accommodation and GP visits. If you are an international student from one of these countries - Belgium, Finland, Italy, Malta, the Netherlands, New Zealand, Norway, the Republic of Ireland, Slovenia, Sweden and the United Kingdom. You are exempted from buying OSHC under the Australian Government agreement where visitors can get publicly funded...